Description
The VolumeAvg, a.k.a. Volume Average, is a lower study that plots volume and a Simple Moving Average that is based on volume.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars used to calculate the volume simple moving average. |
Plots
| Plot | Description |
|---|---|
Vol
|
Volume plot. |
VolAvg
|
Simple Moving Average based on volume. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.